Financed Receivable Balance definition

Financed Receivable Balance is the total outstanding gross face amount, at any time, of any Financed Receivable.

Financed Receivable Balance is the total outstanding amount, at any time, of all Financed Receivables.

Financed Receivable Balance is the total outstanding gross face amount, at any time, of any Financed Receivable. “GAAP” is generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other Person as may be approved by a significant segment of the accounting profession, which are applicable to the circumstances as of the date of determination.

Examples of Financed Receivable Balance in a sentence

• Collections will be credited to the Financed Receivable Balance for such Financed Receivable, but if there is an Event of Default, Bank may apply Collections to the Obligations in any order it chooses.

• This fee is charged on a daily basis which is equal to the Collateral Handling Fee divided by 30, multiplied by the number of days each such Financed Receivable is outstanding, multiplied by the outstanding Financed Receivable Balance.

• Borrower will pay a finance charge (the “Finance Charge”) on each Financed Receivable which is equal to the Applicable Rate divided by 360 multiplied by the number of days each such Financed Receivable is outstanding multiplied by the outstanding Financed Receivable Balance.

• Borrower will pay a finance charge (the “Finance Charge”) on the Financed Receivable Balance which is equal to the Applicable Rate divided by 360 multiplied by the number of days each such Financed Receivable is outstanding multiplied by the outstanding Financed Receivable Balance.

• The Collateral Handling Fee is charged on a daily basis and is equal to the Collateral Handling Fee divided by 30, multiplied by the number of days each such Financed Receivable is outstanding, multiplied by the outstanding Financed Receivable Balance.

More Definitions of Financed Receivable Balance

Financed Receivable Balance is the total outstanding amount, at any time, of any Financed Receivable.

Financed Receivable Balance is the total outstanding gross 6ce amount, at any time, of any Financed Receivable.

Financed Receivable Balance is the total outstanding gross face amount, at any time, of any Financed Receivable (and, for the avoidance of doubt, with respect to Eligible On The Water Inventory, is the total purchase price of such Eligible On The Water Inventory as stated on the applicable purchase order for such Eligible On The Water Inventory).

Financed Receivable Balance is the total outstanding gross face amount, at any time, of any Financed Receivable. “GAAP” is generally accepted accounting principles.

Financed Receivable Balance is the total outstanding amount, at any time, of all Financed Receivables. "GAAP" is generally accepted accounting principles as adopted by the Financial Accounting Standards Board. "Indebtedness" is (a) indebtedness for borrowed money or the deferred price of property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital lease obligations and (d) Contingent Obligations.

Financed Receivable Balance is the total outstanding amount, at any time, of all Financed Receivables. "Foreign Receivables" are Receivables for which the Account Debtor does not have its principal place of business in the United States but are: (1) covered by credit insurance satisfactory to Bank, less any deductible; or (2) supported by letter(s) of credit acceptable to Bank; or (3) that Bank approves in writing.

Financed Receivable Balance is, with respect to each Advance, an amount equal to one hundred twenty-five percent (125.0%) of the outstanding amount of such Advance.